Our monthly IT Monitor brings you the most up-to-date and comprehensive salary information from across the IT industry, complete with the month’s vacancy trends and analysis.
The financial year has started slowly, with a second month of declining vacancies in both contract and permanent recruitment, month-on-month. That said, the volume of roles does remain significantly higher than this time last year, over 20% higher in permanent and 30% in contract. The slowing demand has also started to see permanent salary growth flatten, and contractor rates have marginally declined both month-on-month, year-on-year. These trends are more marked when contrasting the rapid growth we saw in the first months of 2014.
However, it’s much too early to see this as a significant trend, and it is not unusual to see a quiet month in April, as businesses assess their new budget and how it is going to be best used. Should next month pick up we would expect to see the market return to growth.
All in all a steady and strong market, with some regions and skillsets more in demand than others. Overall the IT jobs market remains comparatively buoyant, but it has not quite delivered on its early promise, yet.
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